HRT Participacoes em Petroleo Q3 net loss increases

HRT Participacoes em Petroleo SA, an oil and natural gas exploration and production company, has reported a net loss of BRL140.2 million for the third quarter of 2012, compared to net loss of BRL101.33 million for the same quarter of 2011.

Net operating revenue for the third quarter of 2012 was BRL657,000, compared to BRL640,000, for the same quarter of 2011.

Net loss for the nine months of 2012 was BRL137.52 million, compared to net loss of BRL168.35 million for the same period of 2011.

Net operating revenue for the nine months of 2012 was BRL3.79 million, compared to BRL8.31 million for the same period of 2011.